COVID-19 Government Programs

The Manitoba Economic Support Centre has been set up by the province to help businesses navigate provincial and federal support programs at 1-888-805-7554. Our EDW teams are also here to help. We have provided some background for each program. If you have other questions, you can reach out to us on the webform at the bottom of the page.

Government Programs Toolkit

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Business Credit Availability Program (BCAP) Guarantee

EDC will provide a guarantee to your financial institution, giving you access to additional credit for payroll and operational costs.

Canadian Emergency Business Account (under BCAP)

$25B to financial institutes, to provide interest free loans to small business. Up to $40k to businesses with payrolls between $20,000 $1,500,000. Up to a quarter of this loan is eligible for complete forgiveness

Mid-Market Guarantee and Financing Program

EDC will work with financial institutions to guarantee 75% of new operating credit and cash-flow loans ranging in size from $16.5 million to $80 million. Companies who qualify will tend to have revenues between $50 million and $300 million.